With the stock now down by 20% in the past month, Fool.com contributors Matt Frankel and Dan Caplinger take a closer look in this Fool Live video clip, recorded on Nov. 18. Matt Frankel: Dan, I was looking at MercadoLibre's numbers and I'm sitting here scratching my head why the stock is down so much recently, so maybe you could shed a little bit of light on that.
Collectively, those events have sparked sharp sell-offs, particularly in growth stocks. For instance, shares of Fiverr International (NYSE: FVRR) and MercadoLibre (NASDAQ: MELI) have fallen 60% and 43%, respectively, from their all-time highs. Fiverr has become a key player in the gig economy.
The market may have recently lost its taste for tech companies, but the long-term outlooks for MercadoLibre, United Microelectronics, and DocuSign remain impressive.